Izhmeh shareholder to sell 51%

By Miles Vining

Now I’m no knowledgable business guru, but Jane’s is reporting that the state owned company that had a stake in Izhevsk, Rostec (which by the way, did you know Kalashnikov Concern also makes boats?) has now sold 51% to a company called Ural Mining and Metallurgical Company. The report states that UMMC previously bought up to 49% of […]

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Source:: The Firearm Blog